Question

What is marketable and marketed surplus??

Answer 1

Answer:

By describing something as "marketable," people in the business world mean that it is fit to sell on the market. Surplus is the amount of product that a company manufactures or produces in excess of what is necessary to continue operations. Marketable surplus is a term that agriculturalists use to refer to a specific type of surplus that farmers and ranchers deal with.

Answer 2

Marketable surplus refers to the difference between the total output production if a farmer and his on-farm consumption.